5504 Schaefer Rd, Edina, MN 55436
OFF MARKET

5504 Schaefer Rd
Edina, MN 55436

Parkwood Knolls
  • 7 Beds
  • 8 Baths
  • 9,141 sqft (on 0.86 acres)

$3,969,600

Trulia Estimate
as of May 23, 2026
Est. Refi. Payment $24,059/mo*

$3,969,600

Trulia Estimate
as of May 23, 2026
Est. Refi. Payment $24,059/mo*
7 Beds
8 Baths
9,141 sqft
(on 0.86 acres)

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

Description

Superbly maintained home, located on an oversized lot in the coveted Parkwood Knolls neighborhood. This home offers tremendous entertaining & living spaces. The main level features a grand 2-story living room, gourmet kitchen, formal dining room, parlor with a fireplace, music room, flex bedroom space, & office with coffered ceiling. Unparalleled owner’s suite overlooks the beautifully manicured backyard & features a lavish walk-in closet, a spa-like master bathroom with dual vanities, free standing bathtub, & spacious glass shower. This home is an entertainer's dream with amenities such as a wet bar, wine cellar, theater room with surround sound, & ample storage space on the lower level. The screened-in porch leads you to the resort-style pool, built-in hot tub, & spectacular pool/guest house offering a full kitchen, bathroom, & family room. The heated driveway leads up to the 5 car garage spaces divided between 2 garages with a custom cigar room & bar. A truly one-of-a-kind home!
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from June 11, 2024

Home Highlights

Parking
5 Car Garage
Outdoor
Pool
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
180+ days ago

Home Details for 5504 Schaefer Rd

Active Status

MLS Status: Closed

Interior Features

Interior Details
Basement: Daylight,Drain Tiled,Finished,Full,Sump Pump,Walk-Out AccessNumber of Rooms: 14Types of Rooms: Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Bedroom 6, Deck, Dining Room, Family Room, Kitchen, Living Room, Media Room, Patio, Screened Porch
Beds & Baths
Number of Bedrooms: 7Number of Bathrooms: 9Number of Bathrooms (full): 4Number of Bathrooms (three quarters): 3Number of Bathrooms (half): 2
Dimensions and Layout
Living Area: 9141 Square FeetFoundation Area: 2851
Appliances & Utilities
Appliances: Air-To-Air Exchanger, Central Vacuum, Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Freezer, Microwave, Range, Refrigerator, Wall Oven, Washer, Water Softener RentedDishwasherDisposalDryerMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: Forced Air,In-Floor HeatingHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air
Fireplace & Spa
Number of Fireplaces: 4Fireplace: Amusement Room, Family Room, Gas, Living Room, Primary Bedroom
Gas & Electric
Gas: Natural Gas
Levels, Entrance, & Accessibility
Stories: 2Levels: TwoAccessibility: None
View
No View

Exterior Features

Exterior Home Features
Roof: Age Over 8 Years Asphalt PitchedFencing: OtherHas a Private Pool
Parking & Garage
Number of Garage Spaces: 5Number of Covered Spaces: 5No CarportHas a GarageHas an Attached GarageHas Open ParkingParking Spaces: 5Parking: Attached,Detached Garage,Concrete,Garage Door Opener,Heated Garage,Insulated Garage
Pool
Pool: In Ground, Heated, Outdoor PoolPool
Frontage
Road Frontage: City Street, CurbsResponsible for Road Maintenance: Public Maintained RoadRoad Surface Type: PavedNot on Waterfront
Water & Sewer
Sewer: City Sewer/Connected
Finished Area
Finished Area (above surface): 6492 Square FeetFinished Area (below surface): 2649 Square Feet

Days on Market

Cumulative Days on Market: 380

Property Information

Year Built
Year Built: 2006
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence
Building
Not a New ConstructionNot Attached PropertyNo Additional Parcels
Property Information
Parcel Number: 3111721120020

Price & Status

Price
List Price: $3,750,000
Status Change & Dates
Off Market Date: Thu May 18 2023

Location

Direction & Address
City: EdinaCommunity: Parkwood Knolls
School Information
High School District: Edina

Building

Building Area
Building Area: 9141 Square Feet

HOA

No HOA

Lot Information

Lot Area: 0.86 acres

Offer

Contingencies: None

Miscellaneous

BasementMls Number: 6360397Above Grade Unfinished Area: 6492
Last check for updates: about 10 hours ago
Listed by Julie R Regan, (651) 707-6065
Lakes Sotheby's International Realty
Jeffrey D Hornig, (952) 230-3101
Bought with: Drew Hueler, (612) 701-3124, Coldwell Banker Realty
Source: NorthstarMLS as distributed by MLS GRID, MLS#6360397

Price History for 5504 Schaefer Rd

DatePriceEventSource
06/07/2023$3,550,000Sold
NorthstarMLS as distributed by MLS GRID #6360397
05/18/2023$3,750,000PendingNorthstarMLS as distributed by MLS GRID #6360397
04/25/2023$3,750,000Listed For SaleNorthstarMLS as distributed by MLS GRID #6360397
04/25/2023ListingRemovedNorthstarMLS as distributed by MLS GRID #6146007
09/06/2022$3,995,000PriceChange
NorthstarMLS as distributed by MLS GRID #6146007
05/03/2022$4,450,000Listed For SaleNorthstarMLS as distributed by MLS GRID #6146007
07/27/2015$3,795,000Sold
NorthstarMLS as distributed by MLS GRID #4589265
06/02/2015$3,900,000PendingAgent Provided
04/25/2015$3,900,000PriceChange
Agent Provided
01/17/2015$4,400,000Listed For SaleAgent Provided
02/25/2011$2,350,000Sold
Lake Superior Area Realtors as distributed by MLS GRID #1586266
02/24/2011$3,795,000Listed For SaleAgent Provided
01/09/2011$2,950,000ListingRemovedAgent Provided
08/20/2010$2,950,000Listed For SaleAgent Provided
06/01/2010$3,795,000ListingRemovedAgent Provided
07/19/2009$3,795,000Listed For SaleAgent Provided
04/28/2009$3,595,000ListingRemovedAgent Provided
02/10/2009$3,595,000Listed For SaleAgent Provided
11/01/2005$1,150,000Sold
N/A
04/26/2005$915,000Sold
N/A
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Property Tax and Assessment

Year2025
Tax$52,160
Assessment$3,711,200
Home facts updated by county records

Comparable Sales for 5504 Schaefer Rd

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.36
Single-Family Home
$2,325,000
06/12/25
4
5
7,568
0.49
Single-Family Home
$3,350,000
10/06/25
5
4.5
7,267
0.58
Single-Family Home
$3,465,000
06/30/25
5
5.5
5,781
0.51
Single-Family Home
$2,625,000
11/24/25
5
5.5
6,857
0.46
Single-Family Home
$2,175,000
04/02/26
5
4.5
7,362
0.06
Single-Family Home
$1,451,000
09/05/25
4
3
4,686
0.62
Single-Family Home
$3,795,000
10/10/25
5
5.5
6,451
0.63
Single-Family Home
$2,800,000
05/29/25
4
5
7,073
0.63
Single-Family Home
$5,250,000
12/22/25
5
7
10,586
0.31
Single-Family Home
$2,300,000
12/26/25
4
4.5
5,223

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Assigned Schools

These are the assigned schools for 5504 Schaefer Rd.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Parkwood Knolls

At least 12 Trulia users voted on each feature.
  • 100 % Say it's dog friendly

  • 94 % Say car is needed

  • 89 % Say parking is easy

  • 83 % Say they plan to stay for at least 5 years

  • 81 % Say it's quiet

  • 81 % Say there's holiday spirit

  • 79 % Say people would walk alone at night

  • 71 % Say yards are well-kept

  • 69 % Say streets are well-lit

  • 61 % Say kids play outside

  • 59 % Say there are community events

  • 58 % Say neighbors are friendly

  • 56 % Say there's wildlife

  • 50 % Say there are sidewalks

  • 22 % Say it's walkable to restaurants

Sourced by Trulia users. Learn more about our methodology.
  • Taylor L.
    "Large neighborhood for easy walking with nice trees/lakes and stunning homes. The 9 Mile Creek runs through the neighborhood, also proving nice paths for walks and runs. "
  • Jdasher31
    "This is a great neighborhood for families and empty nesters. There is a nice neighborhood association, summer Friday night parties and newsletter."

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Apartments for Rent

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Homes for sale near 5504 Schaefer Rd

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Off Market Homes Near 5504 Schaefer Rd

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Based on information submitted to the MLS GRID as of 2026-05-23 05:23:22 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information
By searching NorthstarMLS listings you agree to the NorthstarMLS End User License Agreement

Homes for rent near 5504 Schaefer Rd

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5504 Schaefer Rd, Edina, MN 55436 is a 7 bedroom, 9 bathroom, 9,141 sqft single-family home built in 2006. 5504 Schaefer Rd is located in Parkwood Knolls, Edina. This property is not currently available for sale. 5504 Schaefer Rd was last sold on Jun 7, 2023 for $3,550,000 (5% lower than the asking price of $3,750,000). The current Trulia Estimate for 5504 Schaefer Rd is $3,969,600.